Funding newsPublished May 14, 2026

Novella Raises $21.0M

Recently funded · $21.0M Series aFinancial ServicesUSView source

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Novella, an AI-powered platform simplifying specialty insurance placements, has secured $21.0M in Series A funding to expand its reach among brokers and carriers. The capital infusion will bolster its mission to help insurance brokers find coverage for their most complicated customers, making it easier to navigate the excess and surplus (E&S) market and enabling specialty carriers to write more business.

The Series A round drew investment from Brewer Lane Ventures, Crystal Venture Partners, BoxGroup, Avid Ventures, Blank Ventures, and Verissimo Ventures.

From the source

Max · May 14, 2026

📣 Today we're announcing Novella raised $21M to give insurance brokers super-powers. We’ve spent the last two years working with insurance brokers and carriers to answer their one question - how will AI change my job? And now we have the answer.

Novella already works with almost 10% of the independent insurance agencies in the United States. We’re also doubling our team of wholesaler producers next month and opening regional offices across the country to be closer to our retailer partners. Our goal is to help insurance brokers grow their businesses and wholesale producers become the best versions of themselves. This fundraise means we c

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Novella Raises $21.0M

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